So far a dead cat bounce at least. The futures settled around 1088 after a false breakout to the upside and a selloff into the close.
Next week should give us a clearer signal by how it moves out of its current trading sphere, up or down.
"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535